Santos, the third-largest oil and gas company in Australia, rejects a $5.15 billion takeover offer from an advisory firm that manages assets for Middle Eastern and Asian royals as too low and “opportunistic.”
Source: OffshoreSantos Rejects .15B Bid From Royal Asset Manager
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Brazil has told SBM Offshore, the world’s top oil production ship leaser, to agree soon to a $250 million bribery settlement if it wants to regain its biggest client in the world’s largest oilship market, a government source says.
Source: OffshoreBrazil Gives SBM Ultimatum in 0M Bribery Settlement
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